Are you tired of spending a fortune on airfare? Well, good news! Travel hacking could be the solution to all your travel woes. It’s an exciting way to convert welcome bonuses and other incentives into miles which you can use to obtain discounted or complimentary flights for your dream destinations. With a little bit of creativity and some insider information, you’ll fly for no cost in no time.
The Basics of Travel Hacking
Travel hacking is about exchanging credit card sign-up bonuses and incentives for airline miles. These miles can then be used to pay for discounted or even free flights. Some credit cards also permit you to use miles to pay for hotel stays or rental car offers.
How Does it Work?
The most effective method for success in hacking your travel plans is to take advantage of the sign-up bonuses for credit cards and to establish a frequent flyer mile program for a specific group of airlines. When it comes time to make a booking take a look at the price. If the flight is less than $300, it’s usually better to pay in cash and use your miles to pay to book a higher-priced flight. When the flights start getting over $500, you’ll need to check the frequent flyer account and see which airline can give you the most value. It all boils down to the number of miles or points in your travel account for every airline.
Start with Travel Hacking
Are you ready to discover the secrets of travel hacking? Your first task is to open an account that comes with a welcome bonus. There are many great credit cards that offer various advantages and features. It is all dependent on the airline, your spending habits, and the features that are most essential to you.
Top Credit Card Picks
Here are some credit cards perfect for travel hacking:
- Chase Sapphire Reserve
- Chase United Explorer
- JetBlue Mastercard
- Capital One Venture X
After you’ve been accepted for a credit card you’ll need to reach the limit of spending minimum in order to qualify for the bonus. Every card has different rules, so make certain to verify the details. From there, it’s all about racking up miles, and using them to book your dream trip!
Are you ready to set sail with your points?
After you’ve accrued the points balance, it’s time to redeem them for some delicious getaway! Different credit card companies will have different methods for redeeming your points, but here are a few examples from some of the ones I’ve had experience with:
Getaway by using Chase Ultimate Rewards
If you have a Chase credit card, then you can redeem your points via the Ultimate Rewards portal. Through this portal you’ll have access to almost every airline and you can combine the points as well as cash in order to book your next trip. You can book your flight entirely with points if you’ve the funds to pay for it! Sometimes even if you don’t have enough points to cover the total price, you can purchase flights through the Chase Ultimate Rewards portal and pay the balance cash using any credit card.
Are you tired of paying full price for your flights? Did you realize that when booking directly through United, you have the option of paying with dollars or points? But, be careful that if you do not have enough points you can’t combine points and dollars on flights. If you’re just a few points short, United provides the option of buying additional miles.
Are you looking for a domestic flight? Take a look at JetBlue! JetBlue provides an enjoyable and comfortable travel experience that includes extra legroom and free snacks. Plus, their booking process is like United’s, allowing you to book with either JetBlue dollar or points however, not both. But, JetBlue has a unique feature that lets you pool your points together with your relatives to earn points twice as fast. Be sure to prove you’re really family before trying to hack into the system.
Hit that Minimum Spend
If you’re anything like me and my travel companion Becca You’re probably quite frugal and it can be difficult to think of spending thousands of dollars in order to meet the required amount to qualify for credit card bonuses. But don’t fret because we’ve been there and are here to share our tricks and tips.
Pay your rent (if you can)
This is an important one! If you’re able to pay for your rent with credit card, go for it! Make sure you be charged a fee, typically about 3 percent. It could be worthwhile over the long term when the bonus is large enough.
Make a payment on a medical expense
Another great way to hit the spending limit is to pay for a medical bill. If you don’t have any medical bills due, ask your relatives if you could pay them for theirs, and they will reimburse you.
Repay the loan
If you have any loans you owe, think about repaying them using an credit card. Just make sure you pay the credit card balance in full so you don’t accrue additional debt.
Ask family members for assistance
Ask your family members to determine if they’ve got any large expenses coming up that you can contribute for. Make sure that you are able to have confidence in the person you are talking to and they know why you’re doing it.
If you’re celebrating the holidays take into consideration buying all your gifts with your credit card. This way you can hit that minimum spend and also be prepared to give gifts. Be sure to avoid spending more than you were thinking of.
There are plenty of methods to get the most from your travel credit card. accumulate miles or points that you can be used towards flights or other travel-related expenses. Here are some additional suggestions for maximising your rewards
Book travel expenses with your credit card
When you’re planning your next vacation, make use of you travel credit card for booking your hotel, flight, rental car, and any other travel expenses. You’ll not only achieve the minimum spend for your credit card, but you’ll also earn points or miles for the expenses.
Use your credit card for all your daily expenses
Another method to reach the minimum amount of spending to earn rewards is making use of your credit card to pay for every day expenses. This could include items like groceries, gas and even your telephone bill. Be sure to pay the balance off each month in full so you don’t accumulate interest.
Benefit from bonus categories
Many travel credit cards offer bonus points or miles for specific types of purchases, including dining or travel. Check out your rewards program on your credit card and take advantage of any bonus categories that align with your spending routines.
Consider a balance transfer
If you are currently in debt on a high-interest credit card, consider transferring the balance to a travel credit card with an introductory rate of 0% for balance transfer. This will let you pay off your debt without accruing interest and simultaneously help you hit the minimum spend for the credit card’s bonus.
Utilize your miles and points wisely
Once you’ve accumulated a substantial amount of points or miles Make sure to utilize them in a responsible manner. Examine the rewards program of your credit card and compare the value of different redemption options. For example, using your points to purchase a flight directly with the airline could provide you with a greater value than using them to purchase a gift card.
Another option is to get an rewards card that permits you to transfer your points to other loyalty programs. This will allow you to have a wider range of choices and more flexibility in you want to redeem your rewards. For example, you may be able to transfer your rewards to an airline’s frequent flyer program or hotel rewards program. This can give you access to a larger selection of hotels, flights as well as other travel perks which are not accessible through the rewards program of your credit card.
Additionally, try to find out whether your credit card has any perks that can help you save money on travel costs. A lot of credit cards provide travel insurance, rental car insurance, baggage protection, and other benefits that could be extremely valuable when you’re traveling.
If you’re traveling with someone else, both of you can earn rewards using your own credit card. Make sure you don’t share the costs on the same card. Also, make sure to track your rewards separately.
In the end, the most important thing to do to making the most of your travel rewards is to understand your credit card’s rewards program and ensure that you’re making use of your credit card in the most efficient method. Utilizing all of the strategies I’ve listed in this article, you’ll be able earn rewards quickly, redeem rewards for valuable travel experiences and take advantage of a broad range of travel perks.